US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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December 2022
Singapore-based e-commerce platform Carousell lays off 10% of staff
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. The announcement came from the company’s blog on Thursday, posted by co-founder and CEO of Carousell […]
Singapore-based e-commerce platform Carousell lays off 10% of staff by Kate Park originally published on TechCrunch
Are we bullfighting in Spain? Because that’s a red flag
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. For the last time in 2022, the whole Friday gang got together to chat through the latest and greatest in the world of technology and startup news. From here on out, Equity is […]
Are we bullfighting in Spain? Because that’s a red flag by Natasha Mascarenhas originally published on TechCrunch
Smoodi closes $5M to expand reach for its robotic smart blender
Co-founders Pascal Kriesche and Morgan Abraham call smoodi, which came out of Harvard Innovation Labs, a “healthy smoothie store-in-a-box.”
Smoodi closes $5M to expand reach for its robotic smart blender by Christine Hall originally published on TechCrunch
Learn about Orbital Reef and the LEO economy at TC Sessions: Space
Just four days stand between you and a deep space exploratory mission right here on planet Earth. We’re talking about TechCrunch Sessions: Space, of course, which lifts off on December 6 in Los Angeles. There’s still time to join, learn from and network with the leading minds and makers building the new space economy. Get […]
Learn about Orbital Reef and the LEO economy at TC Sessions: Space by Lauren Simonds originally published on TechCrunch
The Download: circumventing China’s firewall, and using AI to invent new drugs
Treasury management should be top of mind for startup founders
Liquidity is your company’s lifeline. With it, you have a fighting chance of achieving your vision, but when you’re out of money, you’re on the course to ruin.
Treasury management should be top of mind for startup founders by Ram Iyer originally published on TechCrunch
OpenAI’s ChatGPT shows why implementation is key with generative AI
It’s probably not a secret to those doing a lot of focused work in the space, but when it comes to generative AI, it’s quickly becoming apparent that how a user interfaces with generative models and systems is at least as important as the underlying training and inference technology. The latest, and I think best […]
OpenAI’s ChatGPT shows why implementation is key with generative AI by Darrell Etherington originally published on TechCrunch
India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others
The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of startups that hoping to apply tech to build products that are clearly understood and fill a need in the market for quick, short-term […]
India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others by Jagmeet Singh originally published on TechCrunch
India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart
India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google Pay and Walmart’s PhonePe. The National Payments Corporation of India, the payments body that oversees the Unified Payments Interface payments […]
India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart by Manish Singh originally published on TechCrunch